Land for Sale in Detroit, Michigan
435 Martin Luther King Jr Blvd Detroit, MI 48201
Nearly a 1/4 acre lot in Midtown with high-visibility and flexible zoning! This Detroit Land Bank Authority property is located between Cass and Second on the southside of MLK. Just minutes from Wayne State University, Little Caesars Arena, Brush Park and Downtown. The property is zoned SD2 with great development potential.
Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines."
Directions
Woodward South to MLK, go west past Cass, South side of the street.
Location
- Street Address
- 435 Martin Luther King Jr Blvd
- County
- Wayne County
- Community
- Cass Farm L1 P172 Plats
- School District
- Detroit
- Elevation
- 617 feet
Property details
- MLS Number
- REALCOMP 20240022249
- Date Posted
Property taxes
- Recent
- $4,710
Parcels
- W02I000724C5
Legal description
S MYRTLE 9 BLK 87--PLAT PT CASS FARM L1 P172 PLATS, W C R 2/72 50 X 190SPLIT/COMBINED ON 12/20/2018 FROM 02000724., 02000725.;
Detailed attributes
Listing
- Type
- Land
- Franchise
- Real Estate One
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Sept 9, 2024 | Under contract | $290,000 | — | REALCOMP |
Apr 24, 2024 | New listing | $290,000 | — | REALCOMP |